Course - Advanced Financial Accounting - BBOA3030
BBOA3030 - Advanced Financial Accounting
About
Examination arrangement
Examination arrangement: School exam
Grade: Letter grades
| Evaluation | Weighting | Duration | Grade deviation | Examination aids |
|---|---|---|---|---|
| School exam | 100/100 | 4 hours | C |
Course content
The course is an advanced course in financial accounting. It shall provide a basis for reflecting on key parts of the theoretical foundation for the financial accounts, as well as provide insight into the theory and practical application of key valuation models in the accounts.
Learning outcome
Knowledge
The Student
- Has basic knowledge of accounting regulation in theory and practice.
- Has knowledge of the basic assumptions and principles in the historical cost model.
- Has knowledge of the generally accepted accounting principles in the Norwegian accounting act.
- Has basic knowledge of IFRS Conceptual Framework for Financial Reporting and some selected International Financial Reporting Standards (IFRS).
- Has in-dept knowledge of recognition and measurement of assets, liabilities, income and expenses in accordance with the Norwegian accounting act and good accounting practice (NGAAP) with emphasis on:
- Recognition of revenue
- Fixed assets
- Intangible assets including goodwill
- Construction contracts
- Liabilities including income tax
- Equity and distribution of share dividends to shareholders
- Has knowledge of alternative approaches to valuation of items and corporate valuation, including consideration of sustainability
- Has knowledge of substantial measurement problems in financial accounting in accordance with Norwegian Accounting Act and good accounting practice (NGAAP).
- Has knowledge of measurement principles in some selected International Financial Reporting Standards (IFRS)
Skills
The Student
- Can recognize and measure key assets, liabilities, income and expenses in accordance with Norwegian accounting act and good accounting practice (NGAAP) and some selected International Financial Reporting Standards (IFRS)
- Can estimate cost of capital for valuation of items and corporate valuation
- Can apply alternative approaches to valuation of items and corporate valuation
General competences
The Student
- Can acquire new knowledge within the above-mentioned subject areas
Learning methods and activities
Lectures and compulsory project assignment written in groups of 2-3 participants.
Compulsory assignments
- Project Work
Further on evaluation
Supporting material allowed on exams:
- Approved calculator regarding NTNUs support material code B-D "specific basic calculator".
- Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.
Specific conditions
Admission to a programme of study is required:
Business Administration (BØA)
Economics and Business Administration (MSIVØK5)
Recommended previous knowledge
The course is based on BØA1200 Financial accounts with analysis, BØA2200 Financing and investment and BØA2033 Annual accounts.
It is recommended to have basic skills in using spreadsheets beforehand.
Required previous knowledge
None
Course materials
Information about literature at the beginning of the term
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| BBOA3041 | 2.5 | AUTUMN 2019 | |
| BBOA3050 | 2.5 | AUTUMN 2019 |
No
Version: 1
Credits:
7.5 SP
Study level: Third-year courses, level III
Term no.: 1
Teaching semester: SPRING 2024
Language of instruction: Norwegian
Location: Trondheim
- Economics and Administration
Examination
Examination arrangement: School exam
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Spring ORD School exam 100/100 C 2024-05-23 15:00 INSPERA
-
Room Building Number of candidates SL311 brun sone Sluppenvegen 14 25 - Summer UTS School exam 100/100 C INSPERA
-
Room Building Number of candidates
- * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
For more information regarding registration for examination and examination procedures, see "Innsida - Exams"